Component suppliers might not be in for a good time financially speaking as it has been reported that branded handset vendors are reducing orders – among them include Nokia, Motorola Mobility, Samsung Electronics, LG Electronics, Sony Mobile Communications, RIM, HTC, Huawei Device and ZTE. Now this is quite a notable list of “Who’s Who”, and this amount of reduction is expected to increase all the way into the third quarter of the year. Economically speaking, this is not a good sign at all, as there is also the slowdown in purchase activities across Europe that is part of a double whammy in conjunction with a slowdown in growth momentum for smartphones throughout North America.
The range of reduction is anywhere from 5% to 10% for vendors who decided to drop their orders in a small scale, although there are some vendors who have reduced their future inventory by as much as 20% to 30%. Having said that, it would seem that the traditional peak season for component suppliers in the third quarter will be a miss instead of a hit for the year. Here’s hoping the next generation iPhone will be able to pick things up.
Temple Run Franchise Surpasses 300M Downloads; Temple Run 2 Update Incoming
iOS Devices Now Approved For Military Use By Department Of Defense
Google Play Music Might Be Released For Other Platforms
iOS Game Spending Outpaces Nintendo 3DS, PS Vita In Q1 2013